Strictly Buy and Sell Set Ups Message Board

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Strategies & Market Trends : Strictly Buy and Sell Set Ups

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To: profile_14 who wrote (2202)	2/8/2005 7:37:05 PM
From: kodiak_bull	of 13449

Profile: I don't understand this question: "Now, if it [TOL] opens down and closes down, what does it mean, technically speaking?" If it opens below 86 (today's close) and closes below 86/where it opened, what would that mean? I dunno. It would have to do it first, it would have some other things going on (we can call them volume events, intraday action, other technical things). You might be quick on the draw to declare it another top, or topping pattern, but I would be less analytical, more reactive in the best sense of those terms. I guess my approach would be, watch and learn what the price action wanted to teach me. So far, that has been the (financially) healthy approach in this name. Kb

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